Apple

Today Apple released their earnings for Q3 of fiscal year 2015, which ended June 27th. In what seems to be a never-ending sequence of records, once again, Apple posted a record third quarter. Revenue for the quarter came in at $49.6 billion, up 33% from a year ago. Gross margin was $19.7 billion, also up 33% from Q3 2014. Operating income was up almost 37% to $14.1 billion, and net income was $10.7 billion for the quarter, a gain of 37.8% year-over-year. Earnings per share was $1.85, up from $1.28 in Q3 2014.
Apple Q3 2015 Financial Results (GAAP)
Q3'2015
Q2'2015
Q3'2014
Revenue (in Billions USD)
$49.605
>$58.010
$37.432
Gross Margin (in Billions USD)
$19.681
$23.656
$14.735
Operating Income (in Billions USD)
$14.083
$18.278
$10.282
Net Income (in Billions USD)
$10.677
$13.569
$7.748
Margins
39.7%
40.8%
39.4%
Earnings per Share (in USD)
$1.85
$2.33
$1.28
Apple’s iPhone business has been the primary...